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Assessment of the Labor Markets Integration and the Higher Education Services Market: Using the Example of Kazakhstan

Teodor Sedlarski () and Oxana Bezler ()
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Teodor Sedlarski: Sofia University St. Kliment Ohridski, Faculty of Economics and Business Administration
Oxana Bezler: Karaganda Economic University of Kazpotrebsoyuz, Karaganda, Kazakhstan

Bulgarian Economic Papers (www.bep.bg) from St Kliment Ohridski University of Sofia, Faculty of Economics and Business Administration / Center for Economic Theories and Policies

Abstract: Supply of the countryÕs economy with highly qualified personnel has the crucial role in effective interaction of the labor market and the higher professional education institutions, integration of their main goals and objectives. Mistakes in the market coordination of these most important market subsystems lead to nonreversible economic losses and negative social consequences since within the market conditions the economy development and the countryÕs competitiveness are largely determined by a high-quality human capital and its employment. In modern science, lots of scientific works are devoted to the interaction of the labor market and the higher education services market, while the analysis of scientific articles has shown this interaction is considered by scientists depending on the study direction, and only individual works Ð by the issues of integration between domestic markets. In this regard, the authors aim to assess the integration of the labor markets and the higher education services. However, for today, there is no clear methodology for integration the processes assessment, and the authors have attempted to adapt the assessment method proposed by Russian scientists of labor markets and professional education. The used method is based on economic-statistical analysis of the labor market development dynamics and the higher education services with defining integration type under the influence of individual factor of these markets and the use of system and structural-group data analysis. The assessment has revealed an unstable relationship between universities and potential employers which leads to personnel shortage in certain specialties.

Keywords: flabor market; higher education services market; integration; integration factor. (search for similar items in EconPapers)
JEL-codes: A10 I2 J6 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2019-12, Revised 2019-12
New Economics Papers: this item is included in nep-cis, nep-cwa and nep-tra
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